September 11, 2018/US SEC The Securities and Exchange Commission today announced that TokenLot LLC, a self-described “ICO Superstore,” and its owners will settle charges that they acted as unregistered broker-dealers. This is the SEC’s first case charging unregistered broker-dealers for selling digital tokens after the SEC issued The DAO Report […]
Frauds & Scandals
NCC, CPC Commence Joint Regulatory Consumer Protection Investigation in the Telecoms Sector
Culled—Proshare September 11, 2018/ NCC & CPC Today as a nation, we take a very important step with respect to protecting consumers and ensuring that the telecommunication industry remains robust, continues it leading role in its our economic growth and expanding prosperity to citizens. Indeed, the telecommunications industry has become […]
SEC Obtains Relief to Fully Reimburse Retail Investors Sold Unsuitable Product
September 11, 2018/US SEC The Securities and Exchange Commission today announced it has obtained monetary relief that will fully reimburse retail investors for losses on a leveraged oil-linked exchange-traded note (ETN) that registered representatives of Syracuse, New York-based broker-dealer and investment adviser Cadaret, Grant & Co. Inc. recommended without a […]
